It´s based on the work and ideas of Economists like Eugen Böhm-Bawerk, Carl Menger, Ludwig Mises, Friedrich August Hayek; und Oskar Morgenstern, who initially came from Austria and gave the name to this framework of human action in society.

Today the centre of the Austrian School is in the US, where their supporter call themselves "Austrians".

So it´s about time that this tradition came back to the city where it originated.